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Analysis of Sustainable Development of Sharing Economy

In: Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)

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  • Ziren Wang

    (Yangzhou University)

Abstract

Under the background of rapid economic and social development, sharing economy emerged at the historic moment. Due to the strong vitality, high flexibility and complexity of the sharing economy, the traditional government regulation has ushered in a whole new challenge. Firstly, the traditional concept of government regulation is not consistent with the nature of the sharing economy, which restricts the sustainable development of the sharing economy to some extent; Secondly, the traditional government regulation means are relatively single, which hinders the innovation of the sharing economy; finally, due to the high flexibility of the sharing economy, the traditional government regulation means cannot comply with its development. Based on this situation, this paper analyzes the concept of regulatory governance, expounds the development of sharing economy in China at the present, and puts forward the corresponding cooperative regulation strategy.

Suggested Citation

  • Ziren Wang, 2023. "Analysis of Sustainable Development of Sharing Economy," Advances in Economics, Business and Management Research, in: Yushi Jiang & Guangming Li & Wilson Xinbao Li (ed.), Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023), pages 486-492, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-142-5_56
    DOI: 10.2991/978-94-6463-142-5_56
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